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Considering iron ore prices have halved over the past year and that iron ore generates the bulk of its profit, Rio Tinto’s interim results impressed. Underlying earnings fell 43% to US$2.9bn but Rio still raised the interim dividend 12% to US$1.07.

Since the company pays dividends in US dollars, local investors will receive a staggering 41% hike in the dividend to $1.44 per share. In local currency terms Rio Tinto, the second largest miner in the world and one-time cyclical...

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Hi guys, A general query on your valuations on companies which undertake share buybacks, particularly large off-market buybacks. Obviously after the buyback each share represents a larger "share" of the company and so, all other things being equal...

Hi Gaurav, A few years ago I purchased Rio Tinto shares for $73.15 each. I have been sitting on them for sometime now with the hope that the mining sector will turn around. For the last few days, the market showed some of these signs with the shar...

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